Here’s how much the global economy stands to lose if the Paris climate pact is ignored
Unchecked emissions gains will hurt all economies by 2100 — slowing their retail sectors, crumbling infrastructure, destroying crops, or turning away tourists — researchers at the University of Cambridge and cooperating institutions reported Monday.
The researchers find that abiding by the Paris Climate Agreement, thereby limiting the temperature increase to 0.01°C per year, reduces the loss substantially, to a 1.07% reduction to inflation-adjusted per-capita GDP by 2100. “Cross-country studies are important for the big picture, but averaging data at national levels leads to loss of information in geographically-diverse nations, such as Brazil, China or the United States,” said report co-author Dr. Kamiar Mohaddes. “By concentrating on the U.S., we were able to compare whether economic activity in hot or wet areas responds to temperature fluctuations around historical norms in the same way as that in cold or dry areas within a single large nation.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Invisible army set stage for liberation of Paris from NazisThe Nazis thought they knew everything about the city of Paris that they occupied _ but the Resistance was still there
Read more »
Avengers Campus Coming to Disney California Adventure and Disneyland ParisIt's Marvel Land no more: the upcoming Marvel rides at Disneyland's Disney California Adventure will part of a new area called Avengers Campus. D23Expo
Read more »
Ship captain who saved migrants refuses Paris' highest honorThe captain of a ship that saved migrants in the Mediterranean Sea has refused to accept Paris' highest honor, instead accusing the city's mayor of hypocrisy.
Read more »
D23 2019: Disney drops details of Marvel's Avengers Campus coming to Anaheim and ParisOne thing appears certain: Ant-Man and his size manipulation technology will have some say in how the food at Disney's new 'Avengers Campus' is presented. On display at D23 was a giant 🥨 from Ant-Man’s associated Pym Technologies, Toddmartens reports
Read more »
Jools Oliver heads to Paris for the bank holiday weekend and celebrates with a BEAUTIFUL photoThe Olivers are ringing in the bank holiday weekend with a trip to Paris and it looks so beautiful!
Read more »